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3 weeks ago
Which of the following is true with regard to strict liability?
a) The rationale for strict liability is to insure the manufacturers against unfair competition.
b) Under strict liability the concept of fault is irrelevant and negligence is not required.
c) A defense that a firm used state-of-the-art design is likely to prevail when a standard of strict liability is applied.
d) Strict liability does not apply to manufacturing defects.
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Test Bank for Business and Its Environment
Edition: 7th
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3 weeks ago
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